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Home ยป Is SLERF Launching NFTs and Receiving Over 4000 SOL in Donations? Is the Next Bull Run on the Horizon?
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Is SLERF Launching NFTs and Receiving Over 4000 SOL in Donations? Is the Next Bull Run on the Horizon?

Mar. 22, 20243 Mins Read
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Is SLERF Launching NFTs and Receiving Over 4000 SOL in Donations? Is the Next Bull Run on the Horizon?
Is SLERF Launching NFTs and Receiving Over 4000 SOL in Donations? Is the Next Bull Run on the Horizon?
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Solana’s recent meme coin sensation, SLERF, has been quite dramatic. The team has currently raised 4004.66 SOL for refunds and has announced the issuance of an NFT series for the purpose of raising funds for the participants in the presale.

(Summary:
SLERF surpasses BOME to become the 8th largest meme coin by market capitalization. How is the SOL fundraising for compensating victims going?)

(Background:
The Different Endings of Three Investment Stories on the Night of SLERF’s Launch)

The public blockchain Solana has recently been focused on the meme coin SLERF. From the founder’s operational mistakes, initially burning the liquidity pool tokens (LP), airdrop reserve tokens, and minting rights, to gaining support from major platforms and announcing the donation of transaction fees from SLERF trading pairs on the platform, the whole process has been full of twists and turns, making it quite dramatic.

Issuing NFTs to Raise Refund Funds

According to the latest news, the meme project SLERF announced on Discord that it will create an NFT series for the purpose of refunding the participants in the presale.

The SLERF team stated that the creation of this NFT series will involve the participation of artists to ensure the high quality of NFT artwork. SLERF also revealed that Negentropy_ Fund has pledged to donate $1 million in exchange for a 30% whitelist quota. As for the allocation of the remaining whitelist quota, SLERF stated that it will be discussed and decided separately.

Regarding refunds, the founder of SLERF released a statement on X, announcing the start of issuing the first batch of refunds to affected users of the SLERF presale. It is understood that refunds will be executed starting from the lowest deposit amount, with the aim of refunding as many users as possible with the funds raised so far. During this process, LBANK will be used as the platform for testing operations, and subsequently, the entire amount raised up to now will be used for refund operations.

The founder also mentioned that they are actively raising $10 million in funds, and users who have made significant donations will need to wait patiently. Additionally, according to Solscan data, the donation address for the SLERF project has previously received 4004.66 SOL (valued at approximately $752,200) and SPL tokens worth about $16,900.

Waiting for the Next Wave of Speculation

In terms of coin price, $SLERF has experienced a slight decrease in popularity, and its trend has weakened slightly, with a 24-hour decline of 14.96%, currently trading at $0.671. It is worth continuing to monitor whether the SLERF team can generate another wave of excitement during the NFT sale.

$SLERF Latest Coin Price

Related Reports
Solana’s Market Cap Overtakes Softbank and Mercedes-Benz! Jupiter’s Trading Volume Exceeds $1 Billion on Uniswap
Thoughts on the Value of Meme Coins: Community, Wealth Redistribution, Financial Nihilism…
Meme Coin SLERF Raises 50,000 SOL Tokens and “Accidentally Burns Them All,” Founder Apologizes: “I’m Ready to Go to Jail”.. Token Skyrockets

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